Drivers have experienced a significant rise in motor insurance premiums, which increased more than 8% in the year leading up to May. Repair costs have escalated due to a 23% increase in settling claims in just the first half of last year, as reported by the Central Bank. The Alliance for Insurance Reform warns that these rising claims could lead to even higher premiums.
Homeowner's insurance protects your investment by covering repairs, personal belongings, and liability, ensuring peace of mind for homeowners against unexpected events.